Recent Study on Automatic Fare Collection (AFC) Machine Market 2019-2025: Remarkable Growth of Trends and Top Companies Like Cubic, Thales, Omron, Samsung SDS, The Nippon Signal, ST Electronics, Gunnebo, Indra Company

Automatic Fare Collection (AFC) Machine Market 2019 Industry Research Report revises in-depth Research of the Market condition and the competitive analysis globally. It Analyses the main factors of the Automatic Fare Collection (AFC) Machine market based on Current Market situations, size, growth, share, segments, manufacturers, business overview and Automatic Fare Collection (AFC) Machine scenario during the forecast period (2019-2025).

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The Global Automatic Fare Collection (AFC) Machines market 2019 research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Global Automatic Fare Collection (AFC) Machine market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.

No. of Page-107, Key Players-20

The following manufacturers are covered:
Cubic
Thales
Omron
Samsung SDS
The Nippon Signal
ST Electronics
Gunnebo
Scheidt & Bachmann
Indra Company
Shanghai Potevio Company Limited

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Report Coverage & Deliverables:

Technology Segment Insights: The AFC industry segmented on the basis of technology is led by the smart card technology and in terms of market share. In the forecasted period, the NFC technology is expected to grow fastest in the AFC market, due to its growing demand in ticketing applications as it reduces cash handling and acts as e-wallets/ purse.

Component Segment Insights: The hardware segment retains the largest share in the automated fare collection industry segmented on the basis of component and is expected to maintain its leading position. The increasing demand for automated fare collection systems in the European and APAC regions is expected to fuel industry growth.

System Segment Insights: In the AFC industry segmented on the basis of systems used, the Ticket vending machine segment holds the largest market share as of 2015 and is expected to maintain its position as the market leader. The Fare gate market segment is expected to grow fastest owing to its increasing demand to check fare evaders in railways, transit avenues and metro stations.

System Component Segment Insights: The automated fare collection industry is expected to be led by the hardware components in all the system segments in the forecast period. But the software segment is expected to grow the fastest in coming years due to a steady shift towards multi functionality and high end features.

Regional Segment Insights: The European market segment leads the overall AFC industry in the world segmented by regional areas and is closely followed by the North American market owing to a developed transportation infrastructure. In coming years, the Asia-Pacific market is expected to grow the fastest with the increasing demand from developing countries like China and India.

Competitive Market Share Insights: The global market is highly competitive. The major industry participants include Cubic Systems, Omron Corporation, Thales Group, Advance Cards Systems, Atos SE, Fare Logistics, LG Corporation, NXP Semiconductor, and Samsung SDS.

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Market segment by Type, the product can be split into
Ticket Vending Machine
Ticket Office Machine
Fare Gates

Market segment by Application, the market can be split into
Rail & Transit Solution
Entertainment Solution
Others

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:
To analyze global Automatic Fare Collection (AFC) Machine status, future forecast, growth opportunity, key market and key players.
To present the Automatic Fare Collection (AFC) Machine development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

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